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Football Index customers furious as terms alterations spark market crash

  • 📰 The Guardian
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Thousands of customers with money trapped in Football Index, the self-styled ‘stock market of football’, have reacted with fury to significant changes to the site’s terms and conditions

The latest crash is the most significant to date and came after the firm gave its users 28 days’ notice of a dramatic reduction in dividend payments. Trading in shares was suspended following the announcement until Saturday morning, when the price at which most shares in the top 200 players on the index could be sold dived to 1p or 2p, with no sell price at all available for many more.

 

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GuillemBalague might be a good story to cover absolutely disgusting what they’ve done to not just their user base but at investor level too, we’ve all been fed lies and the fact that shares have been minted before they announced the div restructure is despicable

Great economics lesson for anyone 'investing'. Introduction - The bookies the only one who ever really wins. Middle section - Do you really own the asset? Advanced section - The ethics of owning shares in a human. Conclusion - Would you do that again?FoolsGold

AndrewJEpps bullet dodged

A manager with so much ambition goals towards his investors, a man with love and care for others welfare....you’re magnificent when it comes to investment sir gigsfrid

sweetG97

Football index have done nothing short from a scam, no doubt the ceo mikeb_fi be driving off into the sunset with everyone’s money whilst all the users suffer

80% cut to dividends, what did they expect! Absolute shambles of a company.

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 /  🏆 84. in SE

Sverige Senaste nytt, Sverige Rubriker

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Football Index, the game's 'stock market', has licence suspendedFootball Index, the self-styled ‘stock market of football’, has had its licence suspended by the Gambling Commission
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Football Index: how ‘stock market’ ended up costing customers millionsBy blurring the lines between gambling and investment, the suspended company Football Index has left many in debt So many bitcon traders on Twitter are trickster AMELIMARKD thank you for opening my eyes to their ways now I’m pretty sure I’ll be able to help others Sickening, so many people have not been doing what they are paid to do and regulate these crooks. fraud GamRegGB should all be put in prison along with everyone at foobtallindex
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